ForgeRock, the open source vendor behind the I3 Open Identity Platform, today announced that it has raised $7 million in series A funding from Accel Partners. The identity-oriented technology company said it chose Accel Partners from among several venture capital funds that expressed interest.
Lasse Andresen, ForgeRock founder and CEO, said, “We will use the funds to build further on the market traction and dramatic global growth we have demonstrated over the past 2 years.”
ForgeRock offers an open platform approach to identity software that incorporates a unified approach to authentication, access management, user entitlements, federation, identity lifecycle management, provisioning and next generation LDAP (Lightweight Directory Access Protocol) identity repository.
All ForgeRock products – including its main three, OpenAM, OpenIDM and OpenDJ – are free to download and use. The company offers subscriptions to a range of premium deployment, integration, training and support services.
Among its current customers are Thomson Reuters, BSkyB, News International, Nokia Siemens Networks, AOL, Toyota, Wirecard, California Dept. of Justice, Cielo, Nomura, BNP Paribas, and many U.S. and European government departments at both a state and national level.
Bruce Golden, partner, Accel Partners: “We think identity management is a crucial issue for most businesses as they struggle to deliver appropriate information and application support to employees, partners, and customers via a combination of datacenters, the cloud, PCs, and mobile devices. We were very impressed by the customer feedback we received about ForgeRock. Customers and channel partners repeatedly referred to the exceptional breadth, scalability and reliability of ForgeRock’s products as well as the expertiseand responsiveness of the management team. We believe ForgeRock is well positioned to deliver the easiest to deploy and highest performance identity management software suite in the market and is unique in being able to address the needs of the largest global businesses, as well as small to mid-size companies.”
Press release – http://tinyurl.com/6vvfdjf
Photo by Flickr user 401K, used under Creative Commons license